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Political Credibility and Economic Development

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Why have the economies of some developing countries fallen back while others have advanced? Why have so many stabilization and structural adjustment programs failed to deliver growth dividends? This book shows that there is a common and valid political credibility defined as the predictability of the institutional rules of the game. This case is not only argued theoretically but also found to be confirmed by empirical analysis. Ten case studies pitting Latin American countries against Southeast Asian ones reveal the sources of political credibility. Economic openness is the necessary precondition, long-term reputation or democratic participation the sufficient one. Despite the seemingly superior strength of authoritarian reputation democratic control is the more successful road.

Buchkauf

Political Credibility and Economic Development, Silvio Borner, Aymo Brunetti, Beatrice Weder

Sprache
Erscheinungsdatum
1995
Einband
(Hardcover),
Buchzustand
Gebraucht - Gut
Preis
21,99 €inkl. MwSt.

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Titel
Political Credibility and Economic Development
Sprache
Englisch
Erscheinungsdatum
1995
Einband
Hardcover
Seitenzahl
216
ISBN10
033361769X
ISBN13
9780333617694
Reihe
Beschreibung
Why have the economies of some developing countries fallen back while others have advanced? Why have so many stabilization and structural adjustment programs failed to deliver growth dividends? This book shows that there is a common and valid political credibility defined as the predictability of the institutional rules of the game. This case is not only argued theoretically but also found to be confirmed by empirical analysis. Ten case studies pitting Latin American countries against Southeast Asian ones reveal the sources of political credibility. Economic openness is the necessary precondition, long-term reputation or democratic participation the sufficient one. Despite the seemingly superior strength of authoritarian reputation democratic control is the more successful road.